ICICI Bank to raise Rs 100 bn via infra bonds
ECONOMY & POLICY

ICICI Bank to raise Rs 100 bn via infra bonds

These long-term bonds have the advantage of not having to maintain a cash reserve ratio (CRR) or a statutory liquidity ratio (SLR).

This assists them in mitigating the asset-liability management (ALM) issues that arise when granting project loans to the infrastructure and core industries sectors. According to bond market sources, these bonds could be issued in one or more tranches depending on the requirements and market conditions.

ICRA has awarded a "AAA" rating to ICICI Bank's proposed infrastructure bond issue.

At the end of June 2022, ICICI Bank has borrowed Rs 388.09 billion through long-term infrastructure bonds. According to the bank's investor presentation for Q1 FY23, it is up from Rs 221.39 billion a year before.

Also Read:
Shrem InvIT to monetise operational roads
SAIL provides special DMR grade steel for INS Vikrant

These long-term bonds have the advantage of not having to maintain a cash reserve ratio (CRR) or a statutory liquidity ratio (SLR). This assists them in mitigating the asset-liability management (ALM) issues that arise when granting project loans to the infrastructure and core industries sectors. According to bond market sources, these bonds could be issued in one or more tranches depending on the requirements and market conditions. ICRA has awarded a AAA rating to ICICI Bank's proposed infrastructure bond issue. At the end of June 2022, ICICI Bank has borrowed Rs 388.09 billion through long-term infrastructure bonds. According to the bank's investor presentation for Q1 FY23, it is up from Rs 221.39 billion a year before. Also Read: Shrem InvIT to monetise operational roads SAIL provides special DMR grade steel for INS Vikrant

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement